Hedge Fund Focus

The video below provides details on hedge fund manager Blackstone refusing a request by the SEC to provide information on the returns of its hedge fund and private equity fund returns.  Blackstone will not disclose this performance in its filings to investors (although Fortress complied with the SEC request).  For more information on this story, please also see this article.

The video also discusses Google’s plan to commit $100 million to its own private equity fund which will be called Google Ventures.  The goal of Google Ventures will be to manage returns.

Other news: Aquila announces the launch of a $400 million hedge fund which will invest in farm properties.  The fund will target returns of 20%.  There was also news of a hedge fund loan restructure on which Och-Ziff gets absolutely pummelled.